Uptick in demand lifts castor seed futures

Castor seed prices rose by 0.51 per cent to Rs 3,916 per quintal in futures market today as speculators raised their bets, taking positive cues from spot market on pick-up in demand.

At the National Commodity and Derivatives Exchange, castor seed for delivery in July was trading higher by Rs 20, or 0.51 per cent to Rs 3,916 per quintal with an open interest of 1,05,650 lots.

Castor seed up on positive spot cues

Castor seed prices were marked higher by Rs 10 to Rs 3,982 per quintal in futures trade as operators created fresh positions, driven by strong trends at the physical markets.

Marketmen attributed the rise in castor seed futures prices to building up of fresh positions by speculators, tracking a firm trend at the spot markets on the back of rising demand from paint, soap and other consuming industries.

Castor seed rises Rs 36 on high export demand

Castor seed prices firmed up by Rs 36 to Rs 34,170 per quintal in futures trading as traders indulged in enhancing positions in line with upbeat sentiments at the domestic spot markets on strong export demand.Castor-Oil-Seeds2

Marketmen attributed the rise in castor seed prices at futures market to raising of holdings amid a firm trend at the physical markets on strong export and domestic demand from consuming industries.

Source

Castor seed futures remain weak on physical sentiments

Castor seed prices extended losses by Rs 13 to Rs 4,079 per quintal in futures trade on cutting down of bets constantly by the operators depressed by subdued physical trend.

Market players said ample stocks along with weak demand for paint, soap and lubricant industries in spot markets continually let down traders, which resulted in declining trend in castor seed futures prices.castor-seeds_10421148_250x250

Source

Castor seed futures fall 0.89% on weak spot cues

Castor seed prices drifted lower by Rs 37 per quintal in futures trade on offloading of positions by speculators amid a weak trend at the physical markets.Castor-Oil-Seeds-Traders

At the National Commodity and Derivative Exchange, castor seed delivery for the most-traded delivery in May declined by Rs 37, or 0.89 per cent, to Rs 4,114 per quintal, with an open interest of 66,770 lots.

More

Castor seed futures slip on subdued spot cues

Castor seed prices drifted lower by Rs 20 to Rs 4,146 per quintal in futures trade as participants liquidated holdings in line with a weakening trend in spot markets.Castor-Oil-Seeds-Traders

At the National Commodity and Derivatives Exchange, castor seed for delivery in May dropped by Rs 20, or 0.48 per cent, to Rs 4,146 per quintal, clocking an open interest of 76,240 lots.

Source

Castor seed futures decline by Rs 55 per quintal

Castor seed prices were down by Rs 55 to Rs 4,092 per quintal in futures trade as traders offloaded holdings, triggered by a weak trend at the spot market.castor-seeds_10421148_250x250

At the National Commodity and Derivative Exchange, castor seed for May delivery declined by Rs 55, or 1.33 per cent, to Rs 4,092 per quintal with an open interest of 77,650 lots.

Source

Castor seed futures decline on ample stocks

Castor seed prices went down further by Rs 19 to Rs 4,067 per quintal in futures trade as traders preferred to offload holdings continuously, tracking downbeat physical market sentiments.Castor-Oil-Seeds2

Market players attributed the downfall in castor seed futures prices to ample stocks on relentless supplies from growing belts amid lack of industrial buying support in the spot markets.

Source

Castor seed futures up on spot sentiments

Castor seed prices edged Rs 21 higher to Rs 4,348 per quintal as traders raised holdings on the back of firm trend in the spot market.castor-seeds_10421148_250x250

At the National Commodity and Derivative Exchange, castor seed for delivery in March contract gained Rs 21, or 0.49 per cent, to Rs 4,348 per quintal with an open interest of 49,840 lots.

Similarly, castor seed for delivery in the current month went up by Rs 20, or 0.47 per cent, to Rs 4,271 per quintal, with an open interest of 39,740 lots.

More

Castor seed futures fall on subdued spot cues

Castor seed prices receded by Rs 42 to Rs 4,360 per quintal in futures trade today as participants liquidated bets in tune with a weak trend at the physical markets.Castor-Oil-Seeds-Traders

At the National Commodity and Derivative Exchange, castor seed to be delivered in March contract slipped by Rs 42 or 0.95 per cent to Rs 4,360 per quintal, with an open interest of 43,980 lots.

The delivery for the February month contracts also slipped by Rs 38 or 0.88 per cent to Rs 4,284 per quintal, clocking an open interest of 48,470 lots.

Source